China's economy is expected to fully recover urbanization is one of the important power sources

Xinhua Beijing, December 7, the Chinese Academy of Social Sciences 7th released the "Economic Blue Book" pointed out that 2010 China's economy is expected to fully recover, in the new cycle of the increase in urbanization rate, as well as the corresponding real estate industry, especially the development of housing industry, is still a new cycle of important power source. According to the Blue Book, from the perspective of coping with the international financial crisis, China's economy has undergone its first phase from July 2008 to February 2009, the "rapid decline" phase, and is currently underway from March 2009 to the second stage, which is expected to last until the end of this year, the "stabilisation rally" phase. In 2010, China's economy is expected to enter the third phase, the "Full recovery" phase, that is, into a new cycle of the rising stage.　　At this stage most of the industry, or most of the economic indicators are picking up. In addition, the international financial institutions to China's economic growth in 2010 also made a clear rebound forecast. According to the July 2009 to October, international financial institutions forecast China's 2010 economic growth: Morgan Stanley, 10%, Barclays Capital, 9.6%, BNP Paribas, 9.5%, HSBC, 9.5%; International Monetary Fund, 9% JPMorgan Chase, 9%, Asian Development Bank, 8.9%. UBS Securities, 8.5%.　　The comprehensive range is 8.5%~10%. The Blue Book also pointed out that at present, in order to successfully promote the development of China's urbanization, especially to better make the housing industry to become a new cycle of important pillar industries, we must effectively solve the problem of rising housing prices. If this problem is not solved, it will seriously affect the development of urbanization and even affect social stability.　　The development of China's housing industry has gone through three stages: formerly, under the highly centralized planned economy system, the housing problem in the city is mainly arranged by the government, the housing is in a serious shortage. Later, the housing commercialization, fully to the market, promoting the housing industry's great development, but also make the house prices continue to climb, and later, the market and government responsibility to combine. Now it seems that in order to effectively curb the rising trend of house prices, we must further adopt the "drastic measures" approach, that is, to expand the part of the government security, not only the urban low-income people housing problems from the market, but also to the urban middle-income housing problems from the market, into the scope of government protection. But to the urban middle income housing security is "guaranteed" everyone has the right to live, can rent the room, rather than "protect" everyone has property rights, but also under the protection of the government, the market-oriented operation, rental housing has high, medium and low-grade, can be independent choice.